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$BTC As of April 4, 2025, Bitcoin (BTC) is trading at approximately $84,517 USD. financeturn0finance0 In Sri Lankan Rupees (LKR), this equates to around LKR 24,615,092 per BTC. citeturn0search5 **Market Influences:** Recent market movements have been influenced by President Donald Trump's announcement of new tariffs, including a 10% universal tariff on all imports and higher reciprocal tariffs on specific countries. This policy shift has introduced uncertainty into financial markets, impacting assets like Bitcoin. citeturn0news18 **Technical Indicators:** Analysts are monitoring Bitcoin's technical patterns, noting that the cryptocurrency is approaching a "death cross," where the 50-day moving average falls below the 200-day moving average. This crossover can signal potential future losses, though its predictive power is debated among experts. citeturn0news20 **Market Outlook:** While short-term volatility is evident, some analysts remain optimistic about Bitcoin's long-term prospects. Factors such as increased institutional interest and potential regulatory developments could influence future price movements. citeturn0news18 Investors should remain vigilant, considering both technical indicators and broader economic policies when evaluating Bitcoin's trajectory.
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#CryptoTariffDrop The recent announcement of sweeping tariffs by President Donald Trump has introduced significant volatility into financial markets, notably impacting the cryptocurrency sector. **Market Reactions:** - **Bitcoin (BTC):** Following the tariff announcement, Bitcoin's price declined by approximately 5%, dropping to around $82,000. This movement reflects a broader retreat from riskier assets amid escalating trade tensions. citeturn0search9 - **Altcoins:** Smaller cryptocurrencies experienced sharper declines. Ethereum (ETH) fell over 6%, while Solana (SOL), XRP, and Cardano (ADA) also recorded significant losses. citeturn0news14 - **Crypto-Related Stocks:** Companies such as Coinbase Global and Strategy (formerly MicroStrategy) saw their shares fall by approximately 4% and 7%, respectively, reflecting diminished investor confidence in the crypto sector. citeturn0news16 **Analyst Insights:** Financial analysts suggest that the tariffs could lead to increased inflation and economic uncertainty, potentially influencing cryptocurrency valuations. Some posit that prolonged economic instability might enhance Bitcoin's appeal as a "digital gold" or store of value. citeturn0search8 **Market Outlook:** While short-term volatility is evident, the long-term implications for cryptocurrencies remain uncertain. Investors are advised to monitor ongoing trade developments and assess their potential impact on the digital asset landscape. navlistCryptocurrency Markets React to New Tariffsturn0news14,turn0news15,turn0news16
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$BTC Market Influences: Recent market movements have been influenced by President Donald Trump's announcement of new tariffs, including a 10% universal tariff on all imports and higher reciprocal tariffs on specific countries. This policy shift has introduced uncertainty into financial markets, impacting assets like Bitcoin. Technical Indicators: Analysts are monitoring Bitcoin's technical patterns, noting that the cryptocurrency is approaching a "death cross," where the 50-day moving average falls below the 200-day moving average. This crossover can signal potential future losses, though its predictive power is debated among experts. Business Insider Market Outlook: While short-term volatility is evident, some analysts remain optimistic about Bitcoin's long-term prospects. Factors such as increased institutional interest and potential regulatory developments could influence future price movements. investopedia.com Investors should remain vigilant, considering both technical indicators and broader economic policies when evaluating Bitcoin's trajectory. Sources
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$BTC Market Influences: Recent market movements have been influenced by President Donald Trump's announcement of new tariffs, including a 10% universal tariff on all imports and higher reciprocal tariffs on specific countries. This policy shift has introduced uncertainty into financial markets, impacting assets like Bitcoin. Technical Indicators: Analysts are monitoring Bitcoin's technical patterns, noting that the cryptocurrency is approaching a "death cross," where the 50-day moving average falls below the 200-day moving average. This crossover can signal potential future losses, though its predictive power is debated among experts. Business Insider Market Outlook: While short-term volatility is evident, some analysts remain optimistic about Bitcoin's long-term prospects. Factors such as increased institutional interest and potential regulatory developments could influence future price movements. investopedia.com Investors should remain vigilant, considering both technical indicators and broader economic policies when evaluating Bitcoin's trajectory. Sources
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#TrumpTariffs **Trump’s New Tariffs: A Bold Economic Shift** On April 2, 2025, President Trump announced sweeping tariffs on foreign imports, aiming to boost American manufacturing and reduce trade deficits. Key measures include a **10% universal tariff** on all imports and **higher targeted tariffs** on China (34%), the EU (20%), and Vietnam (46%). Supporters argue this will revitalize U.S. industries, while critics warn of rising consumer prices and potential trade wars. The EU and China have expressed strong opposition, raising fears of global economic tensions. As these policies unfold, their impact on businesses and international trade remains uncertain.
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